Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
I_Anime
on 14/03/2024, 23:52:26 UTC
I couldn't agree with you, because even in case of shitcoins long term investment you will get more or less profit. Yes ... you can expect incredible profits by investing in bitcoin. Shitcoins can't even come close to that.
yeah you can get some profit or less profit (or non profit or might endup with losses) , try to get my point trading shitcoins is less risky than holding them you should know . Most people trade shitcoins for short-term profit, accumulating and holding shitcoins is a complete waste , why waste those funds while there's is an epic investment like bitcoin. So I will say try and minimise the urge of trading shitcoins ( or gambling with your funds), by focusing more on accumulating bitcoin, to be in the safer side where you can be ease when accumulating and hodl.
Some people are so adamant about this shit coins of a thing. No matter how you advise them to leave shitcoins and turn their investments to bitcoin they won't agree until they run into troubles, by losing their funds. Some of them usually draw this line because they might have seen someone who got lucky with one shitcoins investment after losing several times and finally made small money. so those who are following their footsteps won't ever listen when you are telling them to leave shitcoins and come to bitcoin where there is life and more peace of mind, they won't ever hear. While I attribute some of their actions to ignorance.
Ignorant of the fact that they don't know the worth of Bitcoin just that it is expensive and they couldn't afford to invest in it and make huge profits because of that.

Many people believe that investing in bitcoin requires huge money to see profits in their investment, they don't know that the little it is(money) the bigger it is in the future than those shitcoin that will reign within a short time in the crypto space and fade out. Nevertheless, the crypto market is an open place for everyone not to think of buying the exact thing at the same time. Some can buy late, buy later or even not to buy at all from the market based on reasons best known to them.
Bitcoin is expensive to alot of users , but it has made it easy for those who can't afford to buy one or more than ,  to purchase little quantities according to their financial capability, using any method or strategy convenient for them. Like one who's new in accumulating bitcoint may decide to use DCA method to keep accumulating like 4-10 yrs . Being frequent and all that he or she would see how well their portfolio as grown. That why when it comes to investing in Bitcoin patients is one of the key to greatness (hodl) . Though it may not be easy but with proper planning or doing the needful you will save yourself a nice smooth investment.